Kalshi has reported 29,249 in volume over the last 24 hours on their market for “Powell leaves before 2026?”, making it one of the hottest markets on the platform today.
The market currently is implying a 12% chance for "Before 2026", which is neutral from yesterday, when the market implied a 12% probability.
If Jerome Powell is no longer Chair of the Federal Reserve Board of Governors (not merely announces he leaves office) by Dec 31, 2025, then the market resolves to Yes.
In total, this market has seen a volume of 4,189,992 transactions since it was first opened on May 01, 2024. There are 1,758,989 positions of open interest in this market, and the overall liquidity is sitting at 76,637,858 contracts.
Based on Quiver’s tracking, here are 10 of the finance and politics markets that have had the most volume on Kalshi over the last 24 hours:
- Will the Federal Reserve Hike rates by 0bps at their September 2025 meeting? (24h volume: 483235)
- Will a representative of the Democratic party win the NYC Mayor race in 2025? (24h volume: 70585)
- Will average **gas prices** be above $3.10? (24h volume: 64970)
- Will CPI rise more than 0.3% in August 2025? (24h volume: 56951)
- Will Andy Beshear be the nominee for the Presidency for the Democratic party? (24h volume: 53289)
- Will Trump next nominate David Zervos as Fed Chair? (24h volume: 52720)
- Will the Fed cut rates 3 times? (24h volume: 50174)
- Will Trump announce his new Chair of the Federal Reserve in 2025? (24h volume: 35011)
- Powell leaves before 2026? (24h volume: 29249)
- Will the rate of CPI inflation be above 2.7% for the year ending in August 2025? (24h volume: 28346)
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